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Oct 3, 2012
10/12
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in today's cover story, why healthcare costs have increased in recent months. plus, it's been 4 years since the housing bubble burst - punishments for big banks may finally be around the corner. and, one of the richest men on wall street is trash-talking a taco stock. first business starts now. you're watching first business: financial news, analysis, and today's investment ideas. good morning. it's wednesday, october 3rd. i'm angela miles. in today's first look: the debate in denver. the first presidential debate is tonight, and it's starting to take on the feel of a sporting event. ahead of the showdown, muted action from the market. the dow sold off 33 points, and small gains were made in the s&p 500 and nasdaq. gold and oil pulled back slightly. meg whiteman, the ceo of hewlett-packard, will hold her first analyst meeting today since taking the job last september. traders have become concerned about the the tech company's competitiveness in the consumer and corporate in spaces. let's get a jump on the trading day now with mark sebastian of option pit mentor
in today's cover story, why healthcare costs have increased in recent months. plus, it's been 4 years since the housing bubble burst - punishments for big banks may finally be around the corner. and, one of the richest men on wall street is trash-talking a taco stock. first business starts now. you're watching first business: financial news, analysis, and today's investment ideas. good morning. it's wednesday, october 3rd. i'm angela miles. in today's first look: the debate in denver. the first...
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Oct 2, 2012
10/12
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healthcare and biotech funds are up a strong 22% this year. but a money manager tell us the opportunity to get in those stocks may not be over. "well, i think glaxosmithkline is the pick of the litter in the large-cap pharmaceutical sector. as you know, there's been a flight to quality and safety in yield. glaxosmithkline, which is based in the uk, pays a dividend yield every quarter. kellison belives the stock may be 10 to 15 dollars undervalued. he adds that while lilly is trading near its highs, merck could still offer a bit of rally action for investors. honda is expanding a recall. the company is recalling 600,000 accords with v-6 engines made between '03 to '07 due to power steering hose problems. honda claims the hoses can crack and lead to fuel leaks. one fire has been reported due to the faulty part. in may, honda recalled around 50,000 acuras due to a similar problem. meanwhile, at gm, 41,000 cars are being recalled for fuel pump issues. the models include the g-5, cobalt, and 2007 ions, equinox and torrent suvs. amazon's new kindle
healthcare and biotech funds are up a strong 22% this year. but a money manager tell us the opportunity to get in those stocks may not be over. "well, i think glaxosmithkline is the pick of the litter in the large-cap pharmaceutical sector. as you know, there's been a flight to quality and safety in yield. glaxosmithkline, which is based in the uk, pays a dividend yield every quarter. kellison belives the stock may be 10 to 15 dollars undervalued. he adds that while lilly is trading near...
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Sep 27, 2012
09/12
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it will trigger new dialog about healthcare and the problems in the u.s. >> when i saw it, oh, my g-d, it was just awesome. i was just moved by it. i cried through the whole first showing. >> the new documentary will open in the bay area next month. >>> it is a celebration of santana row. it was hit by the largest fire in city history one month before it was scheduled to open back in 2002. it damaged dozens of retail units. this year they will thank the san francisco fire department by donating 10% to a trust set up by the department. >>> they are getting national attention of how it is reacting to the football game between the seahawks and the packers. the casino will refund the gamblers who bet on that game. glam betters who won guam -- gamblers who won can keep their payoffs. >>> if you are driving in many areas in san jose, northbound 280 looks good getting into the valley and no major problems on 101 or 87. and this morning's commute on southbound 680, that traffic looks good all the way to san jose. let's go to steve. >>> sal, we are dealing with a lost fog, and it is -- and it'
it will trigger new dialog about healthcare and the problems in the u.s. >> when i saw it, oh, my g-d, it was just awesome. i was just moved by it. i cried through the whole first showing. >> the new documentary will open in the bay area next month. >>> it is a celebration of santana row. it was hit by the largest fire in city history one month before it was scheduled to open back in 2002. it damaged dozens of retail units. this year they will thank the san francisco fire...
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Sep 27, 2012
09/12
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they hope the documentary will spark new dialog about healthcare problems in the u.s. >> we wanted to show the film as the reality in the struggle that both patients and institution are going through. >> the film opens here in the bay area next month. >>> the time is now 5:24, sales tax is going up, and that includes residents at hercules. they will start paying sales tax at three-quarters% and in sonoma it goes to 8%. it is a one percent increase in all four of those cities. >>> well a popular south bay district is celebrating its 10th anniversary. exactly one month before it was due to open, the biggest fire raged through dozens of stores and housing units. this weekend, many are donating 10% of their revenue to the fire department's trust in honor of fire crews. they will be speaking at a kickoff tonight. >>> time now 5:25 will this get you to where you are going, sal? >> where are the roads going? >> right now we are starting with a look at the commute on 280, that looks nice getting on to highway 17 and you can see traffic is moving a long well. also the morning commute looks goo
they hope the documentary will spark new dialog about healthcare problems in the u.s. >> we wanted to show the film as the reality in the struggle that both patients and institution are going through. >> the film opens here in the bay area next month. >>> the time is now 5:24, sales tax is going up, and that includes residents at hercules. they will start paying sales tax at three-quarters% and in sonoma it goes to 8%. it is a one percent increase in all four of those...
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Oct 2, 2012
10/12
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president obama had an edge on tax, healthcare and foreign policy. president obama and romney face off tomorrow night in denver. the stakes are especially high for romney when it comes to women voters. we'll have more on that at 7:15 when we go live to our washington, d.c. bureau. >>> the oakland as beat the texas rangers, 4-3. the as are heading back to the playoffs for first time in six years. [ cheers ] >> struck out all three batters at the top of the 9th. the celebration started. that means at the very least, the as clinched one of the two american league championships. the celebration moved into the clubhouse. the champagne, the beer was knowing. the players started dancing, too. coco crisp played a big role in the game, doubling in the go- ahead run and epscoreed the eventual run. you know, you wouldn't think that all of these rookies would be doing something like this but they have better mentality and they have this useful spark. >> yeah. the as have two games left, tonight and tomorrow afternoon. the now -- they are now one game behind texa
president obama had an edge on tax, healthcare and foreign policy. president obama and romney face off tomorrow night in denver. the stakes are especially high for romney when it comes to women voters. we'll have more on that at 7:15 when we go live to our washington, d.c. bureau. >>> the oakland as beat the texas rangers, 4-3. the as are heading back to the playoffs for first time in six years. [ cheers ] >> struck out all three batters at the top of the 9th. the celebration...
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Sep 27, 2012
09/12
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. >>> the man accused of trying to poison his girlfriend at a healthcare family has been released from jay. police arrested robert lockridge on saturday after caretakers say he tried to give his doif by giving her -- by giving her bottled water containing colleen. he says the water contained a miracle mineral supplement that can cure any disease, including cancer. >> the upside is positive publicity. >> he says he takes the supplement himself for emphysema and heart disease. >>> it is 7:49. a health study is planned for treasure island because of concerns about the cleanup of radioactive waste. some residents believe lingering radiation may be to blame. but state officials say there's no major risk. health officials tell "the bay citizen" they may start to gather health words and plan to check navy cleanup records. >>> 100 employees have been tested for hantavirus. employees who participated in the voluntary testifying filled out a questionnaire and gave blood. nine of the cases have been traced back to yosemite and three people have died into more streets in pail le alto will be -- pa
. >>> the man accused of trying to poison his girlfriend at a healthcare family has been released from jay. police arrested robert lockridge on saturday after caretakers say he tried to give his doif by giving her -- by giving her bottled water containing colleen. he says the water contained a miracle mineral supplement that can cure any disease, including cancer. >> the upside is positive publicity. >> he says he takes the supplement himself for emphysema and heart...
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Sep 26, 2012
09/12
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. >>> the obesity epidemic here in america is not just a healthcare problem. it may not be a national security issue. there is a new study that says one in four in young adults are too overweight to join the military. renee marsh joining us live from washington, d.c. with -- rene marsh has more from washington, d.c. >> reporter: good morning, dave. according to this new study by mission readiness, this group is made up of retired military leaders. they say that as you said, one in four young adults in america, they are simply too overweight to go to the front lines. the study also says that obesity is making it harder to find recruits and that active duty members who are not physically fit are more prone to injuries. mission readiness says being overweight or obese is the medical reason why adults cannot join the military. the group estimates that the department of defense spends about $1 billion each year to care for overnight active duty members, their families as well as veterans. so the group looking at schools to solve the problem. they say schools serve
. >>> the obesity epidemic here in america is not just a healthcare problem. it may not be a national security issue. there is a new study that says one in four in young adults are too overweight to join the military. renee marsh joining us live from washington, d.c. with -- rene marsh has more from washington, d.c. >> reporter: good morning, dave. according to this new study by mission readiness, this group is made up of retired military leaders. they say that as you said, one...
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Oct 1, 2012
10/12
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. >>> the supreme court ended their last time with a landmark ruling on healthcare and more big decisions in their new term which begins today. alison burns is live in our washington, d.c. noom with a look at some of the big cases the supreme court could be taking on. this involves affirmative action on campus colleges, same- sex marriage. >> the justices are moving from the frying pan right into the fire. they are tackling the most difficult questions of the day. >>> the justices could even get involved in the fall elections with challenges to some of the -- to some of the controversial voter i.d. laws. reporting live from washington, d.c., alison burns, ktvu -- alison burns, ktvu channel 2 news. >>> governor brown has just signed a controversial bill involving gay teens. california will become the first state in the nation to ban therapy who tries to turn gay or lesbian teens. those who oppose the bill say this perppy could put you at higher risk of depression or suicide. >>> and a new law signed by governor jerry brown may reduce life sentences for hundreds of inmates. the bill applies
. >>> the supreme court ended their last time with a landmark ruling on healthcare and more big decisions in their new term which begins today. alison burns is live in our washington, d.c. noom with a look at some of the big cases the supreme court could be taking on. this involves affirmative action on campus colleges, same- sex marriage. >> the justices are moving from the frying pan right into the fire. they are tackling the most difficult questions of the day. >>>...
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Sep 30, 2012
09/12
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it is part of the healthcare overall. it is estimated that # 200 facilities with you is 2/3rd of the hospital serving medicare hospitals will be fined an average of $125,000 next year. >>> the post master general said the postal service is on the brink of bankruptcy. the agency today will default on a $5 billion payment to the treasury. >> post master general tells the press. his agency would be profitable if it weren't for lawmakers delays. they have asked congress for more than a year for legislation that would eliminate saturday mail deliveries and reduce the my billion dollars payment for retiree health benefits. >> they are forcing vice-presidential paul ryan to donate a gift he received out there on the campaign trail. he attended a banquet for hunters yesterday. the u.s. sportsman's alliance presented him with a manned made american shotgun. >> i have got one from my grandfather. a zero gauge. you know what is great, the downward ejection, so lefties. this is your gun. righties this is your gun. >> he said he will
it is part of the healthcare overall. it is estimated that # 200 facilities with you is 2/3rd of the hospital serving medicare hospitals will be fined an average of $125,000 next year. >>> the post master general said the postal service is on the brink of bankruptcy. the agency today will default on a $5 billion payment to the treasury. >> post master general tells the press. his agency would be profitable if it weren't for lawmakers delays. they have asked congress for more than...